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Prof. Nikos Mastorakis

Prof. Nikos Mastorakis

Prof. Nikos Mastorakis

Prof. Nikos Mastorakis
Technical University of Sofia, Bulgaria
Obuda University, Budapest, Hungary
Technical University of Cluj-Napoca, Romania
Romanian Academy of Science, Bucharest, Romania
Hellenic Naval Academy, Piraeus, Greece


Title: Artificial intelligence for Business and Economics. Artificial intelligence for the stock market.

Abstract: In this talk we will review all the recent research on the economic impact of AI.
AI today is a driver of productivity and economic growth. It can increase efficiency and significantly improve the decision-making process by analysing large amounts of data, but at the same time it poses equally serious risks of polarising the labour market, increasing inequality, structural unemployment and the emergence of new undesirable industrial structures. It is clear that AI can stimulate growth by replacing labour, which is a limited On the other hand, The advent of the internet and its consequent technological innovations over time have significantly transfigured the way stock markets function and thus have impacted the way securities are actively traded. The two most consequential technological innovations are: * Financial investors are maneuvering computer systems to mechanize their stock trading processes, and * The financial markets have restructured themselves, so virtually all markets right now are limited to order books.

BIO: Nikolaos Mastorakis (born 15 July 1964) is a Greek AI Engineer, mathematician and university professor from Sitia, Crete.
According to a study by Professor I. Ioannidis of Stanford, he is one of the 7 Greeks who are among the most productive scientists in the world
https://www.tovima.gr/2018/10/07/science/7-ellines-ereynites-stou-pio-paragogikous-tou-kosmou/
https://www.ellines.com/en/good-news/41299-seven-greek-researchers-among-the-over-productive-ones-in-the-world/

He is a Professor at the Hellenic Naval Academy and Professor at the Technical University of Sofia, Bulgaria. He is Honorary Professor at the University of Obuda, Budapest, Hungary, Honorary Professor at the Obuda Technological Institute, Obuda, Budapest, Hungary.
He is a Honorary Professor at the Technical University of Cluj, Romania, Honorary Professor at the University of Salerno, Italy and Visiting Professor at the University of Exeter, UK
. He has been honored by the Romanian Academy of Sciences

He is well known for his studies in Artificial Intelligence, System Theory and in particular Fuzzy Ststems, Robotics, Genetic Algorithms, Multidimensional Systems, Mathematical Modelling and Computational Mathematics

Studies and academic career
Nikos Mastorakis studied at the Medical School of the University of Athens from 1982 to 1984 and from 1988 to 1989 without receiving a degree, and at the National Technical University of Athens from 1984 to 1988 at the School of Electrical and Computer Engineering, where he received the Diploma of Electrical Engineering with honors and first in his year and graduated one year earlier than the normal duration of studies. Nikos Mastorakis studied at the Medical School of the University of Athens from 1982 to 1984 and from 1988 to 1989 without receiving a degree, and at the National Technical University of Athens from 1984 to 1988 at the School of Electrical and Computer Engineering where he received the Diploma of Electrical Engineering with honors and first in his year and graduated one year earlier than the normal duration of studies.He completed a PhD thesis in the same Faculty which he completed with distinction in 1992.

Honours and distinctions.
Nikos Mastorakis received First Prize in the Panhellenic Competition of the Hellenic Mathematical Society in 1982. During his studies at the NTUA he received the Papastavridio Scholarship for outstanding performance, while in 1991 he came first in the IKY competition in Applied Mathematics. As a Researcher: In 1998 he was invited by the University of Exeter UK to teach as a Visiting Professor for one semester, and in the academic years 2002-2003 and 2007-2008 he was a Visiting Professor at the Technical University of Sofia, Bulgaria.

In 2008 the Polytechnic University of Cluj-Napoca, Romania awarded him the title of Honorary Professor.

In the same year, 2008, he received an Honorary Award from the Academy of Sciences of Bucharest, Romania. In 2011, the Technical College of Budapest Tech honored him with the title of Honorary Professor, while the University of Obuda, Budapest, Hungary awarded him the title of Honorary Professor in 2012.

In 2014-2015 he was a Visiting Professor at the University of Salerno, Salerno, Italy.
He was also invited by Professor Lotfi A. Zadeh as a Visiting Professor at the University of California, Berkeley as a Visiting Professor for one year

Research work and achievements
His research work on the factorization of multivariable polynomials made him particularly well known, as he was the first to work on this unsolved problem. He has also worked on the design of multivariate filters, stability and stability margin of multivariate systems, as well as on various signal processing, simulation, energy and software development topics. [1] He has also been involved in literature, writing a book of 28 short stories, Grammar and Syntax of the Cretan dialect and another book with a collection of articles in the Athenian and Cretan press. [2]